After a strong recovery for most part ofthe business of Fashion and Fashion Accessories sub-sector turned red with a growth rate of Average pump price for RON95 during the first quarter of was the highest since the implementation of managed float system in December This latest quarterly result was again below market expectation.
Shoppers were careful in their spending on festive goods.
After a strong recovery during the last quarter, Department Store sub-sector slid back to negative zone. This latest result is the worst among the retail sub-sectors.
Malaysian consumers were still concerned on their rising cost of living.
The poor retail sale result during the first quarter will be offset by the higher projection of second quarter 4. A year ago, retail industry contracted by 4. The March inflation rate of 5. Retailers in the fashion and fashion accessories sector expect their businesses to recover strongly with a positive growth of Retailers in the Pharmacy and Personal Care sub-sector are also optimistic of their businesses with a growth rate of 4.
The retail sale growth rates for third and fourth quarters are estimated at 5. During the first 3 months of this year, Pharmacy and Personal Care sub-sector reported an encouraging growth rate of 3.
Second half of The projected retail sales growth rate of Malaysia retail industry in by Retail Group Malaysia is maintained at 3.
Retailers in Other Specialty Stores sub-sector including retailers selling photographic equipment with photo processing services, children-related goods, second-hand goods, toys, TV shopping as well as restaurants are pessimistic of their business prospects.
The average inflation rate during the first quarter of rose faster by 4. Members of Malaysia Retailers Association MRA were interviewed on their retail sales performances for the first half-year of January 11th Malaysia Food and drink The suspension for three months is designed to boost palm oil prices and clear a glut of stocks.
Department Store cum Supermarket sub-sector suffered from another negative growth rate of 3. Trading condition remains tough for retailers during the second half of July 2nd Multiple countries Non-food products Strong motivations to react on both sides are likely to lead to further retaliatory tariffs this year.
The recovery of retail sales is highly dependence on external economic demand and ringgit performance for the rest of the year.Malaysia Latest News - Inside Retail Asia. ultimedescente.com is Asia's leading authority on retail industry news and trends. Throughout the day we publish retail news, intelligence, and analysis, facilitating and informing the retail industry in.
The report aims to provide an overview retail pharmacy industry and evaluate factors that propel and restrain the market, government policies, sales trends, potential growth and market outlook. Challenges related to the pharmaceutical retail sector will be outlined and assessed, and insights into.
Both local and international retailing brands have a strong presence in Malaysia’s fragmented retailing industry. InGCH Retail, Tesco, Mydin Mohamed Holdings and AEON led value sales.
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"Malaysia's retail industry is expected to maintain its growth potential and government initiatives are expected to fuel the growth and accelerate IT spending for Malaysian. March 5th | Malaysia | Consumer goods Consumer prices rise at slowest pace since The data do not change our view that the central bank will sanction another increase in its policy interest rate.
Today’s retail industry outlook reflects that consumer shopping preferences and behaviors are not static; they change according to age, income, seasonality, and .Download